NOT LISTED FOR SALE

Estimated Value: $3,529,000 - $4,415,000

6 Beds
5 Baths
3,332 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $3,365,000 $1,010 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $23,926/month

3 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Deck
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Newly Painted Property

About This Home

As of August 2021

Prominently positioned on a corner lot in the coveted Phase I Watercolor, 105 Silver Laurel Way is a timeless masterpiece that has never been rented and is extremely well cared for by the owner. Providing an impressive six bedroom, five bathroom layout, this is a quintessential Watercolor beach home boasting double height ceilings in the main living area and exceptional gulf views from the rooftop viewing deck as well as panoramas over neighboring Seaside Town Center. The outdoor space is truly spectacular as it yields one of the only wood burning outdoor fireplaces in all of Watercolor as well as over 1,000 square feet of sizable wrap-around decks and screened-in porches. The open floor plan on the first level lends itself to entertainment and relaxation, featuring a spacious living room highlighted by an artfully designed natural gas fireplace juxtaposed by gorgeous mosaic tile and artisan-crafted wood trim. The chef's kitchen has been recently renovated providing a professional gas range and double oven as well as ample storage with custom cabinetry and new quartz countertops. This property also features dual master suites on the first and second floors, both complemented by their own private screened-in porches. The master suites have spacious closets along with a walk-in shower, spa-like bathtub and dual vanities. The first floor contains an oversized laundry room highlighted by mosaic-tile flooring and cleverly crafted custom storage space. Other notable upgrades include brand new HVAC systems, new water heater, new wine cooler, newly installed security system, new interior and exterior paint and new gutters throughout the exterior of the home.

105 Silver Laurel Way is situated within excellent proximity to the new Watercolor Beach Club, Cerulean Park and butterfly gardens, the Watercolor boathouse, and an array of world class dining, boutique shopping and local entertainment along scenic highway 30A.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 07/21/2021

Last Buyer's Agent

Elizabeth Belter

Compass License #3318524

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,609

Year Built

  • Built in 2004

Lot Details

  • Corner Lot

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • Oversized Parking

Home Design

  • Beach House
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 3,332 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Plantation Shutters
  • Living Room
  • Dining Area
  • Bonus Room
  • Screened Porch
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Deck
  • Open Patio
  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25403-000-0010

Community Details

Overview

  • Association fees include ground keeping, land recreation, master, recreational faclty
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,609

Year Built

Built in 2004

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: 105 Silver Laurel Way is located North of 30A. Turn north onto Mystic Cobalt St., pass over Western Lake Dr. and continue straight and turn right onto Silver Laurel Way. The home will be on the corner.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven Continue Clean, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Wine Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Floor Hardwood, Floor Tile, Furnished - Some, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Plantation Shutters, Shelving, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Deck Open, Fireplace, Patio Covered, Patio Open, Porch, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Oversized
  • General Property Info:Garage2: No
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Pavillion/Gazebo, Picnic Area, Pool, Tennis
  • Association #2 Fee: 1260.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Land Recreation, Master Association, Recreational Faclty

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 15-3S-19-25403-000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14609.27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 28, 2021
Sold by
Bissell Henry and Bissell Catherine
Bought by
Bissell Gulf Coast Properties Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Elizabeth Belter
Compass
List Price
$3,365,000
Sold Price
$3,365,000
Current Estimated Value
$3,952,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,237
Avg. Annual Appreciation
4.03%

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 13, 2021
Sold by
Hood Laura B and Hood Henry J
Bought by
Bissell Henry and Bissell Catherine
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Elizabeth Belter
Compass
List Price
$3,365,000
Sold Price
$3,365,000

Purchase Details

Closed on
Feb 27, 2018
Sold by
Hood Hernry J and Hood Laura B
Bought by
Hood Laura B and Hood Henry J

Purchase Details

Closed on
Jun 30, 2008
Sold by
Luke John K and Kenneth Luke J
Bought by
Hood Henry J and Hood Laura B

Purchase Details

Closed on
Jul 16, 2004
Sold by
Mccolgan James H and Mccolgan Karen P
Bought by
Luke John K and Kenneth Luke J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,589,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Mccolgan James H and Mccolgan Karen P
Bought by
Mccolgan James H and Mccolgan Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$842,000
Interest Rate
4.5%

Purchase Details

Closed on
Aug 23, 2000
Sold by
St Joe Arvida Home Building Lp
Bought by
Mccolgan James H and Mccolgan Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.07%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bissell Gulf Coast Properties Llc -- Attorney
Bissell Henry $3,365,000 Mcneese Title Llc
Hood Laura B -- None Available
Hood Henry J $2,000,000 Mcneese Title Llc
Luke John K $1,900,000 Mcneese Title Llc
Mccolgan James H $280,000 --
Mccolgan James H $225,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luke John K $1,589,200
Previous Owner Mccolgan James H $842,000
Previous Owner Mccolgan James H $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $3,365,000 0.0% $1,010 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $3,365,000 -- $1,010 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,650 $3,107,621 $616,052 $2,491,569
2023 $25,650 $2,595,507 $0 $0
2022 $21,867 $2,359,552 $683,817 $1,675,735
2021 $14,999 $1,549,579 $598,108 $951,471
2020 $14,609 $1,463,503 $547,193 $916,310
2019 $14,401 $1,450,071 $531,256 $918,815
2018 $14,165 $1,420,628 $0 $0
2017 $13,976 $1,410,060 $500,760 $909,300
2016 $13,718 $1,370,911 $0 $0
2015 $13,495 $1,327,592 $0 $0
2014 -- $1,227,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 877454

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25403-000-0010